Good News! GRAND RESOURCES, a wholly-owned subsidiary of the company, has been listed in China's Top 500 companies for 17 consecutive years

The China Enterprise Confederation released its 2022 list of China's Top 500 companies today. This is the 21st consecutive time that the list has been released to the public.

GRAND RESOURCES, a wholly-owned subsidiary of GRAND HOLDING, ranked 301st on the list with revenue of 78.9 billion yuan (up 43 spots from last year). GRAND RESOURCES has been listed on China's Top 500 Companies list for 17 consecutive years since 2006.

In 2022, the operating revenue of China's top 500 enterprises grew at a high speed, reaching 102 trillion yuan, and breaking the 100 trillion yuan mark for the first time, an increase of 13 trillion yuan, or 14%, over the previous year. Its total assets were 373 trillion yuan, 29 trillion yuan more than that of the top 500 in the previous year, an increase of 8.4%; The entry threshold has been increased for 20 consecutive years. This year, the entry threshold of the Top 500 has been increased to 44.6 billion yuan, 5.4 billion yuan higher than the previous year, an increase of 13%. The entry threshold has been increased for 20 consecutive years, and it is the most improved year since the establishment of the list.